Microsoft can mean good things for everything from Intel (INTC) and SanDisk (SNDK) to Seagate (STX), Western Digital (WDC) and Micron (MU). It can, of course, lead to good demand for Dell (DELL) and Hewlett-Packard (HPQ). The leadership capabilities of Microsoft cannot and never can be underestimated.

Some other weak techs, SanDisk (SNDK), Seagate Technology (STX), TriQuint Semiconductor (TQNT) and Cypress Semiconductor (CY), might make sense to get started in.

Right now Najarian is keeping a close eye on Seagate Technology (STX). The company’s chief executive just acquired $1 million in stock. And when an insider buys, that means he believes in the company, Najarian says.

1-2 year spec

"SanDisk (SNDK). Apple (AAPL). Novellus (NVLS). Dell (DELL). Seagate (STX). Hewlett-Packard (HPQ). These were all pushed and pushed hard today by Wall Street, and I think that you cannot ignore these. (I see Doug Kass is buying the PowerShares QQQ Trust (QQQQ), so he must have the same feel.)" "Tech for a Trade," 7-10-09

Seagate last Monday suspended its quarterly common dividend of three cents a share (which had been sliced from 12 cents in January) despite upbeat revenue projections. Reason: weakened personal-computer sales. The move, which Seagate said was to "further enhance liquidity," will save the company $60 million annually. Seagate also said that it plans more restructuring. The stock shed over 8% of its value on the dividend news and a forecast of gross margins below analysts' estimates. Seagate recently traded around 6.70. Its 52-week range: 22.78.-2.98. The company raised its revenue guidance for its third fiscal quarter (ended March 31) to $2.1 billion, from an earlier $1.6 billion to $2 billion. It expects fiscal fourth-quarter revenue of $1.9 billion to $2.2 billion. Cash, cash equivalents and short-term investments at March 31 totaled some $1.5 billion, compared with $1.3 billion the previous quarter.

Seagate is growing

And in addition, Najarian has his eye on Seagate (STX). He suggests options activity could signal deal making chatter. And he says, if the firm is an M&A target the “takeout price should be north of $13 double of where the stock is trading right now.”

From a recent Mad Money show:"Seagate has never been a friend of mine. I like Taiwan Semiconductor (TSM) and Xilinx (XLNX) and that's it."

From a recent Mad Money show:"Seagate has never been a friend of mine. I like Taiwan Semiconductor (TSM) and Xilinx (XLNX) and that's it. "

SOLD TO BUY CSCO.

Another one from my broker. I wasn't sold on it but I let him buy it anyway.

hard drive for ipods-trade

stock dropped the day i bought it and never got closer.